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Investors Could Get Burned by Shifts in Luxury Sector

Investors need to be extra cautious about the luxury sector, but also be alive to the major emerging opportunities, warns the CEO of an...

Middle East Still a Big Opportunity for Luxury Brands

Emerging markets consumers continue to drive luxury market growth Multiple luxury brands double sales growth and lead profitability Emerging consumers markets continue to drive luxury market...

Middle East’s Travel and Tourism Market Trends – Low-cost Meets Luxury

There was a visible recovery in travel and tourism across the Middle East in 2012. The increase in the number of inbound trips, despite...

Dubai Claims 30% Share in Middle East’s Luxury Market

Dubai tops the luxury market in the Middle East with around 30 percent share, according to a new report by consultancy firm Bain &...

Dubai Mall Plays a Key Role in Middle East’s Luxury Goods...

Dubai is the leader in the market of luxury goods in the Middle East region. That was shared in the latest report of...

Luxury products sales growth weakens in 2012, report

According to a new study, sales growth in the global luxury market will slow this year to 5 percent from 13 percent in 2011...